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Kensington Capital Acquisition IV Priced, NYSE: KCAC

Blank check company led by the founder of Kensington Capital targeting the auto industry (pending: Amprius Technologies).

Industry: SPAC

Latest Trade: $10.02 0.00 (0.0%)

First Day Return: -0.1%

Return from IPO: +0.2%

Industry: SPAC

We are a newly organized, blank check company incorporated as a Cayman Islands exempted company. We intend to focus our search in the global automotive and automotive-related sector. We intend to source initial business combination opportunities through our management team’s extensive network of automotive and automotive-related sector business owners, public and private company executives and board members, investment bankers, private equity and debt investors, high net worth families and their advisors, commercial bankers, attorneys, management consultants, accountants and other transaction intermediaries. We believe this approach, as well as our management team’s recognized track record of completing acquisitions across a variety of subsectors within the automotive and automotive-related sector will provide meaningful opportunities to drive value creation for shareholders. Our directors have significant experience with acquisitions, divestitures and corporate strategy and implementation, as well as the public markets, which we believe will meaningfully benefit us as we evaluate potential initial business combinations, as well as after completing an initial business combination, to the extent they remain on our board of directors following the completion of our initial business combination.
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IPO News for Kensington Capital Acquisition IV
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IPO Data
IPO File Date 01/20/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/01/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Westbury, NY
Founded 2021
Employees 5